Suburban Propane Partners, L.P. Declares Quarterly Distribution of $0.325 Per Common Unit
Suburban Propane Partners, L.P., a publicly traded master limited partnership operating under the NYSE ticker SPH, has recently declared a significant update regarding its quarterly distributions. According to the announcement made on July 24, 2025, the company’s Board of Supervisors has approved a quarterly distribution of
$0.325 per common unit for the three-month period ending June 28, 2025. This translates to an
annualized rate of $1.30 per unit.
The distribution is slated for payment on
August 12, 2025, to common unitholders who are on the record as of
August 5, 2025. This announcement reflects Suburban Propane's ongoing commitment to providing value to its investors and highlights its strong operational performance during the specified quarter.
As a crucial piece of information for investors, it’s essential to consider the implications for foreign investors as well. The company has indicated that
100% of its distributions to foreign investors are attributable to income that is effectively connected with a United States trade or business. Therefore, these distributions will be subjected to federal income tax withholding at the highest applicable effective tax rate without exception, which investors must take into account while calculating their returns.
About Suburban Propane Partners, L.P.
Founded in 1928 and headquartered in
Whippany, New Jersey, Suburban Propane has established itself as a nationwide distributor of energy solutions. With an extensive network of approximately 700 locations across 42 states, the company serves around
1 million customers across various sectors, including residential, commercial, governmental, industrial, and agricultural sectors. Their product offerings include propane, renewable propane, renewable natural gas, fuel oil, and other related services. Moreover, the company is involved in the marketing of natural gas and electricity, alongside investments in low-carbon fuel alternatives.
Suburban Propane operates on a foundation of three key pillars:
1.
Suburban Commitment: Celebrating nearly 100 years of service excellence, showcasing the company's reliability, flexibility, and robust customer service.
2.
SuburbanCares: Demonstrating a strong dedication to community engagement and support, reflecting the company’s commitment to contributing positively to the communities it serves.
3.
Go Green with Suburban Propane: Promoting the clean-burning qualities and versatility of propane and renewable propane as solutions to aid in transitioning towards a greener energy future.
With an eye on sustainability, Suburban Propane continues to innovate and invest in renewable energy alternatives, aligning with modern energy demands and environmental considerations. The company's proactive engagement in eco-friendly initiatives positions it as a forward-thinking player in the energy landscape. For more insights and detailed information about their operations, interested parties are encouraged to visit their official website at
www.suburbanpropane.com.
Investor confidence is bolstered by the consistent distribution payouts demonstrated by Suburban Propane, reinforcing its status as a reliable entity in the competitive energy sector. Following this recent distribution announcement, stakeholders are likely to maintain a keen interest in the company's forthcoming financial performance and strategic developments within the energy market.